Innovation Through Human Capital Management
Innovation Through Human Capital Management, International Journal of Engineering Research and Modern Education (IJERME), 1(1), 216-218, (May 2016), ISSN: 2455–5428
5 Pages Posted: 1 May 2017
Date Written: 2016
Abstract
Every company wants to succeed in capturing the market and maximizing the profit. With the changes in technology and increase in globalization the world has become a village which leads to high competition and complexity in performance of work.
As companies are not only competing with domestic companies but with companies all over the world, this is when innovation is needed in a company. How can a company be different from others? Innovation can only be achieved when there are talented human resource and good HR practices in the company.
Innovation in companies is through talented minds in the company. Company has to acquire, develop and retain these people. This paper is a case study of the Tata consultancy services TCS. Secondary data is used to identify how TCS manages to retain the best talented workforce. The HRM practices of TCS are understood in depth and a linkage between HR practices and innovative talented employees is drawn.
Keywords: HRM Practices, Innovation, Talented employees, Case study, TCS
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